01-19-2021, 11:13 AM
"Even if history were to repeat itself and the stock market does crash relatively soon, history shows that holding onto your investments and adding to your long-term winners is a strategy with proven success.
Historically, when the Shiller P/E ratio for the S&P 500 gets above 30, bad things happen."
https://www.fool.com/amp/investing/2021/...l-is-back/
"The Shiller price-to-earnings (P/E) ratio is a P/E ratio based on the average inflation-adjusted earnings from the previous 10 years. Over 150 years of history, the Shiller P/E ratio for the S&P 500 has a mean (average) of 16.8 and a median of 15.8. Right now, the Shiller S&P ratio for the S&P 500 is 34.5 -- more than double its historic average."
Historically, when the Shiller P/E ratio for the S&P 500 gets above 30, bad things happen."
https://www.fool.com/amp/investing/2021/...l-is-back/
"The Shiller price-to-earnings (P/E) ratio is a P/E ratio based on the average inflation-adjusted earnings from the previous 10 years. Over 150 years of history, the Shiller P/E ratio for the S&P 500 has a mean (average) of 16.8 and a median of 15.8. Right now, the Shiller S&P ratio for the S&P 500 is 34.5 -- more than double its historic average."
